On AUDNZD we got a a falling wedge pattern being made, with the divergence on the 1 and 4 hour timeframe. It is keeping every check in the book, the pattern, the divergence. Placing my entry on the previous lower high. The trade plan would be as below:
Falling Wedge pattern
Entry: 1.08283
Stop Loss: 1.08120
TP1: 1.08607
Falling Wedge pattern
Entry: 1.08283
Stop Loss: 1.08120
TP1: 1.08607
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.